Life Insurance Corporation of India (LIC) is renowned for offering a wide range of insurance products tailored to diverse needs. One such policy, LIC Jeevan Pragati, is a promising option for those seeking a financially secure future.
A Smart Investment for a Bright Tomorrow
LIC Jeevan Pragati is a unique policy that allows you to accumulate a substantial sum through regular, disciplined savings. Even with a small daily investment of Rs 200, you can potentially build a corpus of Rs 28 lakhs at maturity.
Key Features of LIC Jeevan Pragati
Flexible Investment Options: You can choose to invest monthly, quarterly, or annually.
Multiple Term Options: The policy offers terms of 10 and 20 years to suit your financial goals.
Guaranteed Returns: LIC Jeevan Pragati provides guaranteed returns, ensuring financial stability.
Tax Benefits: You can also avail the tax benefits under Section 80C of the Income Tax Department Act.
Eligibility Criteria
To be eligible for LIC Jeevan Pragati, you must-
Be between the ages of 12 and 45.
Meet the health requirements specified by LIC.
How to Invest in LIC Jeevan Pragati
To invest in LIC Jeevan Pragati, you can visit your nearest LIC branch or consult with an authorized LIC agent. They will guide you through the application process and help you choose the most suitable plan based on your financial requirements.
A Calculated Investment for a Secure Future
By investing Rs 200 daily for 20 years, you can accumulate a total investment of Rs 14.4 lakhs. With the guaranteed returns offered by LIC Jeevan Pragati, you can expect to receive a maturity benefit of Rs 28 lakhs.
While LIC Jeevan Pragati offers a secure and rewarding investment option, it’s essential to consider your financial goals and risk tolerance before making a decision. Consulting with the financial advisor can be provide the valuable insights and help you make the informed choice.
Start Your Investment Journey Today
LIC Jeevan Pragati is a compelling investment option for those seeking a financially secure future. With its guaranteed returns, flexibility, and tax benefits, it can be a valuable addition to your investment portfolio.